Austrian Airlines reports slight decline in passenger traffic

Guest Contributor

Contributors are not employed, compensated or governed by TD, opinions and statements are from the contributor directly

Austrian Airlines carried 980,200 passengers in October 2015, representing a 1.5% decline in passenger traffic year-on-year.

The airline attributed the fall to its reduction of available seat kilometres (ASK) on both its European routes (- 1.1 percent) and on its intercontinental flights (- 3.3 percent) due to weaker seasonal demand.

In comparison, capacity utilisation (passenger load factor) on European flights in October 2015 remained stable at a level of 75.2 percent, whereas the passenger load factor on its intercontinental flight traffic rose 0.6 percentage points to 81.1 percent. On balance, the airline’s passenger load factor in October amounted to 78.5 percent, comprising an increase of 0.3 percentage points from the previous year.

In the period January to October 2015, Austrian Airlines carried more than 9.3 million passengers. The airline claimed the year-on-year decrease of 3.3 percent was in line with its “business plan”.

“It reflects the targeted management of capacities: European flight traffic was reduced due to the weak business in Eastern Europe, particularly relating to Russia and Ukraine. In contrast, slight growth was generated in intercontinental flight traffic,” it said in a statement.

Klook.com

EXPERT OPINION

You might also like

Comments are closed.

Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time
Close